Markets & Finance

Advanced thermal processing equipment supplier, BTU International has reported first quarter 2014 sales of US$11.7 million, up 6.3% compared the previous quarter.

Despite a booming domestic market, Japanese electronics giant Panasonic reported stagnant PV module system sales for financial year 2013.

Senior Moroccan officials will tour the US this June as they look to kick start the North African country’s ambitious US$12.4 billion solar plans.

DuPont said that its DuPont Apollo amorphous silicon (a-Si) thin-film module manufacturing subsidiary’s operations would be permanently closed by the end of 2014.

California-based Pacific Gas and Electric (PG&E) has topped the list of US utilities that added most new solar capacity to their systems in 2013.

Beleaguered German PV developer, SAG Solarstrom, has given an upbeat assessment of its prospects of finding the necessary investment to allow it to continue operation.

PV module manufacturer REC Solar ASA has confirmed plans to expand capacity at its integrated plant in Singapore by 300MW at a cost of around US$70 million.

German PV installer and distributor Wagner & Co Solar has filed for insolvency in a court in Germany.

Embattled wafer manufacturer LDK Solar’s China-based subsidiary has secured a 765MW supply deal with a Taiwanese PV firm.

Major PV energy provider SunPower has said that demand for its PV modules exceeded supply and that its PV project pipeline has topped 7.5GW, boosted by around 300MW of secured projects through its majority shareholder, the oil giant Total.